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SchoolOfTrade.com Day Trading Newsletter 06-03-14
Click here to register for the Free Trial!
==============================================
“What you do speaks so loudly that I cannot hear what you
say” — Ralph Waldo Emerson”
==============================================
Today’s Newsletter:
 Last Night: Short-selling on Mini-Russell for easy profit!
 Markets Today: Crude Oil and Gold sideways, Mini-Russell pushes
lower
 News for Tomorrow: Red-Star News in Asia, London, and into the
US
 Trading Opportunities: Selling Crude Oil, Gold, and Mini-Russell
=========================================================
The Markets Today:
Crude Oil:
Crude Oil traded sideways today, inside the range from Monday, and between the
prior week’s lows and closing-price.
We can tell that Crude Oil is waiting on ‘something’ later this week, and we have
some important news tomorrow, Thursday, and Friday to get the fireworks
started on the Crude Oil Futures market.
Keep an eye on the prior-week’s OPEN at 104.12 if the sellers fail later this week,
we have a big wide-open-space above us if these buyers can ‘catch a bid’.
Make sure you register for our Nightly-Newsletter on our website so you don’t
miss these winning trading opportunities next time!
=========================================================
Gold:
Gold continues to wait on Thursday’s news announcement from the ECB, and
today we had another day of a narrow trading-range and sideways market-
personality.
We know what Gold is waiting for, so we will stay patient for trading
opportunities to sell short later this week.
Make sure you check out the charts at the bottom of this newsletter for our day
trading strategy on Gold for Wednesday.
Don’t forget to register for our Nightly-Newsletter so you never miss another
trading opportunity again!
=========================================================
Mini-Russell:
The Mini-Russell was the big-mover today in the US session, pushing lower and
getting us PAID in our Live Trade Room.
The Mini-Russell had lower-lows and lower-highs today, although the volume was
‘balanced’ we know that the sellers have control at this time so we are focused on
selling opportunities into Wednesday.
Trade Called Last Night:
Last night on our newsletter we advised selling short on the Mini-Russell at
1131.9 with a profit-target down at 1115.3, and we did exactly that today in our
Live Trade Room and made some incredible profit!
Did you register for the Nightly-Newsletter on our website? Make sure you
register so you never miss another newsletter or winning opportunity again!
=========================================================
News Tomorrow:
We have a TON of Red-Star News on the schedule for Wednesday, but we don’t
have to wait very long because we have important news being released in Asia
tonight starting at 9:30pm EST!
Asian Trading Session: We have news from Australia and Japan this evening at
9:30pm and 9:35pm EST. Both of these are considered ‘Red-Star News’ so we
expect to see a good reaction in the price-action.
London trading session: We have a TON of Red-Star News in the London
trading session on Wednesday, starting at 3:50am from all the big players in the
EU. This news will take us into the US morning session.
US Morning Session: We have important Trade-Balance News at 8:30am EST,
and then we move into Crude Oil Inventories later in the session at 10:30am EST.
With Crude Oil Inventories we need to remember to stay patient tomorrow if
you’re trading Crude Oil before the news is released.
US Afternoon Session: We have the Beige Book tomorrow after at 2:00pm
EST, which tells us that the lunch session will be pushed ahead buying
opportunities 30-minutes so traders can go to lunch early and come back to trade
the reaction to the report at 2:00pm EST.
 8:15am EST: ADP Employment Report
 8:30am EST: International Trade & Productivity Costs
 10:00am EST: ISM Non-Manufacturing Index
 10:30am EST: Crude Oil Inventories
 2:00pm EST: Beige Book
=========================================================
Day Trading Opportunities for Tomorrow:
Crude Oil:
Crude Oil is pushing lower on our 32-anchor chart, so we are focused on selling
opportunities as we go into Wednesday.
We are looking for selling opportunities at the zones above us; 103.11,
103.24, 103.30 and 103.58. Our profit-target for the selling will be
101.87 and 101.44.
Our day trading plan for Crude Oil tomorrow has three (3) scenarios:
 Higher: if we push higher, we are looking to sell short at the sell-zones
defined on our 32-anchor chart. Our profit-target is below us at 101.87 and
101.44.
 Sideways: If we trade sideways tomorrow we will mark the highs and the
lows of the range and then wait patiently to buy the lows and sell the highs of
the range.
 Lower: If Crude Oil pushes lower without testing the 103.11 sell-zone
overhead we will then look for selling opportunities using our ‘wave-pattern
short’ and look for a profit-target down at 101.87 and 101.44.
Short-Term Trading & Scalping:
Please join us tomorrow in our Live Trade Room for short-term trades called with
exact entry and exit information.
=========================================================
Gold:
Gold has been trading in a narrow range for the last few days, but we can see
lower-lows and lower-highs so we are definitely bearish and looking for selling
opportunities this evening and into Wednesday.
Our day trading plan for Gold is to sell short at the sell-zones
overhead; 1249.6, 1250.7, 1250.9 and 1253.4 with a profit-target
down at 1239.9 and 1236.9.
Our day trading plan for Gold tomorrow has three (3) scenarios:
 Higher: if Gold pushes higher we are going to sell short at the sell-zones
above us at 1249.6 and 1250.7 with a profit-target down at 1239.9.
 Sideways: If we trade sideways tomorrow we will mark the highs and the
lows of the range and then wait patiently to buy the lows and sell the highs of
the range.
 Lower: if Gold pushes lower without testing the overhead resistance level at
1249.6 we will look for new lower-lows and sell short using our ‘wave-pattern
short’ with a profit-target down at 1239.9 and 1236.9.
Short-Term Trading & Scalping:
Please join us tomorrow in our Live Trade Room for short-term trades called with
exact entry and exit information.
=========================================================
Mini-Russell :
Mini-Russell is also pushing lower on our 32-anchor chart this evening. We can
see lower-lows and lower-highs on the way down to some major support levels
below us so we are focused on selling-short with this trend.
Our day trading plan on the Mini-Russell is to sell short at the highs of
the bearish price channel, along with the sell-zones at 1130.6, 1134.0,
1139.0 and 1141.9. We have a profit-target down at 1115.3 and
1112.0.
Our day trading plan for Mini-Russell tomorrow has three (3) scenarios:
 Higher: if price pushes higher we are going to sell short at the highs of this
price channel, as well as the sell-zones at 1130.6, 1134.0, 1139.0 and 1141.9.
We have a profit-target down at 1115.3 and 1112.0.
 Sideways: If we trade sideways tomorrow we will mark the highs and the
lows of the range and then wait patiently to buy the lows and sell the highs of
the range.
 Lower: if Mini-Russell moves lower without testing the 1130.6 resistance we
have the ‘green light’ to sell short using our ‘wave-pattern short’ with a profit-
target down at 1115.3 and 1112.0.
Short-Term Trading & Scalping:
Please join us tomorrow in our Live Trade Room for short-term trades called with
exact entry and exit information.
=========================================================
Want to trade with us in the Live Trade Room?
Join the Professional Trading Community at SchoolOfTrade.com!
Click here to register for the Free Trial!

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Schooloftrade day trading newsletter 06 03 14

  • 1.
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14. SchoolOfTrade.com Day Trading Newsletter 06-03-14 Click here to register for the Free Trial! ============================================== “What you do speaks so loudly that I cannot hear what you say” — Ralph Waldo Emerson” ============================================== Today’s Newsletter:  Last Night: Short-selling on Mini-Russell for easy profit!  Markets Today: Crude Oil and Gold sideways, Mini-Russell pushes lower  News for Tomorrow: Red-Star News in Asia, London, and into the US  Trading Opportunities: Selling Crude Oil, Gold, and Mini-Russell ========================================================= The Markets Today: Crude Oil: Crude Oil traded sideways today, inside the range from Monday, and between the prior week’s lows and closing-price.
  • 15. We can tell that Crude Oil is waiting on ‘something’ later this week, and we have some important news tomorrow, Thursday, and Friday to get the fireworks started on the Crude Oil Futures market. Keep an eye on the prior-week’s OPEN at 104.12 if the sellers fail later this week, we have a big wide-open-space above us if these buyers can ‘catch a bid’. Make sure you register for our Nightly-Newsletter on our website so you don’t miss these winning trading opportunities next time! ========================================================= Gold: Gold continues to wait on Thursday’s news announcement from the ECB, and today we had another day of a narrow trading-range and sideways market- personality. We know what Gold is waiting for, so we will stay patient for trading opportunities to sell short later this week. Make sure you check out the charts at the bottom of this newsletter for our day trading strategy on Gold for Wednesday. Don’t forget to register for our Nightly-Newsletter so you never miss another trading opportunity again! =========================================================
  • 16. Mini-Russell: The Mini-Russell was the big-mover today in the US session, pushing lower and getting us PAID in our Live Trade Room. The Mini-Russell had lower-lows and lower-highs today, although the volume was ‘balanced’ we know that the sellers have control at this time so we are focused on selling opportunities into Wednesday. Trade Called Last Night: Last night on our newsletter we advised selling short on the Mini-Russell at 1131.9 with a profit-target down at 1115.3, and we did exactly that today in our Live Trade Room and made some incredible profit! Did you register for the Nightly-Newsletter on our website? Make sure you register so you never miss another newsletter or winning opportunity again! ========================================================= News Tomorrow: We have a TON of Red-Star News on the schedule for Wednesday, but we don’t have to wait very long because we have important news being released in Asia tonight starting at 9:30pm EST! Asian Trading Session: We have news from Australia and Japan this evening at 9:30pm and 9:35pm EST. Both of these are considered ‘Red-Star News’ so we expect to see a good reaction in the price-action.
  • 17. London trading session: We have a TON of Red-Star News in the London trading session on Wednesday, starting at 3:50am from all the big players in the EU. This news will take us into the US morning session. US Morning Session: We have important Trade-Balance News at 8:30am EST, and then we move into Crude Oil Inventories later in the session at 10:30am EST. With Crude Oil Inventories we need to remember to stay patient tomorrow if you’re trading Crude Oil before the news is released. US Afternoon Session: We have the Beige Book tomorrow after at 2:00pm EST, which tells us that the lunch session will be pushed ahead buying opportunities 30-minutes so traders can go to lunch early and come back to trade the reaction to the report at 2:00pm EST.  8:15am EST: ADP Employment Report  8:30am EST: International Trade & Productivity Costs  10:00am EST: ISM Non-Manufacturing Index  10:30am EST: Crude Oil Inventories  2:00pm EST: Beige Book
  • 18. ========================================================= Day Trading Opportunities for Tomorrow: Crude Oil: Crude Oil is pushing lower on our 32-anchor chart, so we are focused on selling opportunities as we go into Wednesday. We are looking for selling opportunities at the zones above us; 103.11, 103.24, 103.30 and 103.58. Our profit-target for the selling will be 101.87 and 101.44. Our day trading plan for Crude Oil tomorrow has three (3) scenarios:  Higher: if we push higher, we are looking to sell short at the sell-zones defined on our 32-anchor chart. Our profit-target is below us at 101.87 and 101.44.  Sideways: If we trade sideways tomorrow we will mark the highs and the lows of the range and then wait patiently to buy the lows and sell the highs of the range.  Lower: If Crude Oil pushes lower without testing the 103.11 sell-zone overhead we will then look for selling opportunities using our ‘wave-pattern short’ and look for a profit-target down at 101.87 and 101.44. Short-Term Trading & Scalping: Please join us tomorrow in our Live Trade Room for short-term trades called with exact entry and exit information.
  • 19. ========================================================= Gold: Gold has been trading in a narrow range for the last few days, but we can see lower-lows and lower-highs so we are definitely bearish and looking for selling opportunities this evening and into Wednesday. Our day trading plan for Gold is to sell short at the sell-zones overhead; 1249.6, 1250.7, 1250.9 and 1253.4 with a profit-target down at 1239.9 and 1236.9. Our day trading plan for Gold tomorrow has three (3) scenarios:  Higher: if Gold pushes higher we are going to sell short at the sell-zones above us at 1249.6 and 1250.7 with a profit-target down at 1239.9.  Sideways: If we trade sideways tomorrow we will mark the highs and the lows of the range and then wait patiently to buy the lows and sell the highs of the range.  Lower: if Gold pushes lower without testing the overhead resistance level at 1249.6 we will look for new lower-lows and sell short using our ‘wave-pattern short’ with a profit-target down at 1239.9 and 1236.9. Short-Term Trading & Scalping: Please join us tomorrow in our Live Trade Room for short-term trades called with exact entry and exit information. =========================================================
  • 20. Mini-Russell : Mini-Russell is also pushing lower on our 32-anchor chart this evening. We can see lower-lows and lower-highs on the way down to some major support levels below us so we are focused on selling-short with this trend. Our day trading plan on the Mini-Russell is to sell short at the highs of the bearish price channel, along with the sell-zones at 1130.6, 1134.0, 1139.0 and 1141.9. We have a profit-target down at 1115.3 and 1112.0. Our day trading plan for Mini-Russell tomorrow has three (3) scenarios:  Higher: if price pushes higher we are going to sell short at the highs of this price channel, as well as the sell-zones at 1130.6, 1134.0, 1139.0 and 1141.9. We have a profit-target down at 1115.3 and 1112.0.  Sideways: If we trade sideways tomorrow we will mark the highs and the lows of the range and then wait patiently to buy the lows and sell the highs of the range.  Lower: if Mini-Russell moves lower without testing the 1130.6 resistance we have the ‘green light’ to sell short using our ‘wave-pattern short’ with a profit- target down at 1115.3 and 1112.0. Short-Term Trading & Scalping: Please join us tomorrow in our Live Trade Room for short-term trades called with exact entry and exit information.
  • 21. ========================================================= Want to trade with us in the Live Trade Room? Join the Professional Trading Community at SchoolOfTrade.com! Click here to register for the Free Trial!